Aspire Zone Foundation (AZF) has signed a memorandum of understanding (MOU) with Qatar Financial Centre (QFC), paving the way to establish a leading economic project, Qatar's Sports Business District (QSBD), the first economic, sports gathering of its kind in the State of Qatar and the Middle East.

Being the first of its kind in the region, this initiative aims to develop and strengthen the sports industry and establish a comprehensive sports business.

The partnership seeks to attract large multinational sports companies and facilitate establishing startups and sustainable companies by offering unique incentives and special services, including business premises at the sports complex.

Mohammed Khalifa al-Suwaidi, Chief Executive Officer of AZF, affirmed that AZF is committed through its international expertise and potential to enhancing its role as a vital sports fan locally, regionally and globally, and contributing to the realization of the objectives of economic diversification for the State of Qatar besides transforming it into a favorable business destination.

Source: Government of Qatar